REI Lense

REI Lense

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$1,587 (target)

443 County Road 1768, Clifton, TX 76634

3 beds • 2 baths • 1538 sqft

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This property might be a fair Long-Term investment with a projected 5.26% first-year return on $31,500 initial cash invested.

5.26%

Cash On Cash

8.09%

Cap Rate

1.27

DSCR

$1,587

Rent

$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,587 income − $1,449 expenses = $138 cash flow

Income$1,587Mortgage P&I$79450%Property Taxes$19112%Insurance$523%Management$15910%CapEx$795%Vacancy$956%Maintenance$795%Cash Flow$138

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,587

Total Expenses

$1,449

Mortgage P&I

50%

$794

Property Taxes

12%

$191

Home Insurance

3%

$52

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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